Canada : + 1 647 223 6314Quebec Entrepreneur Program
Quebec Entrepreneur Program
Entrepreneurs can apply under one of the following:
- Component One: new businesses or start-ups that are established in the province with the support of a business incubator/accelerator or university in the province;
- Component two: Owner-funded and operated businesses
Requirements for Entrepreneurs to obtain PR in Quebec
- 18 years old or older;
- Must operate a business which is in accordance with the Entrepreneur program requirements;
- French language proficiency is not a requirement when applying to the program;
- Must submit a business plan which is an important factor when assessing the application;
- All entrepreneur applicants must intend to reside in Quebec;
- At the final step to the application, candidates will have to attend a selection interview.
Minimum Eligibility Requirements:
Component One
Candidates will score points for factors such as
- Age;
- Education Level;
- Areas of Training;
- Language proficiency in both French and English;
- Family in Quebec
Note: Passing score is 41 points and candidates with a spouse or common law partner cannot score additional points.
Education Level
- Secondary school general diploma;
Financial Self-sufficiency
- Submit documents as proof of financial self sufficiency;
Business Project
- Provide a service offer from an enterprise incubator / accelerator or university entrepreneurship centre and
- Demonstrate successful evaluation of the business project
Component Two
Foreign candidates will score points for factors such as
- Age;
- Education Level;
- Areas of Training;
- Language proficiency in both French and English;
- Family in Quebec
Note :
- Passing score is 81 points in all 13 factors under the Quebec’s Economic Class selection grid;
- Candidates with a spouse or common law partner cannot score additional points; and
- Applicants need to provide a performance guarantee deposit of CAD $ 200, 000. This amount is refundable if they meet certain conditions.
Education Level
- Secondary school general diploma;
Financial Self-sufficiency
- Submit documents as proof of financial self sufficiency;
Business Project
- Demonstrate successful evaluation of the business project;
Start up deposit
- For business in the metropolitn area of Montreal applicants must deposit a sum of $ 300,000;
- For business outside the metropolitan area of Montreal, they must deposit a sum of $ 200,000;
Business ownership
- Candidates must hold and control 25% of the equity of the enterprise they create or 51% of the equity of the enterprise they acquire either solely or with accompanying spouse or common law partner;
- the applicant’s contribution must be equal to or grater than the amount needed to start up the business project
Minimum net worth
- Have a minimum net worth of $ 900,000
Don’t forget to sign up!
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